Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 2.14 to 0.889 1.25 (28.86%) . .
Intermediate 1.75 to 0.889 . 1.25 (41.93%) .
Short 1.26 to 0.889 . . 1.25 (97.30%)